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Rules playing catchup with transport technology

  “Moving America Forward with Transportation Infrastructure” By Krista Chavez, courtesy of the Mercatus Center   Imagine receiving emergency medical supplies that were delivered to your house by drone; enjoying a sandwich while your autonomous vehicle drives you from Dallas, Texas, to Salt Lake City, Utah; or taking an air taxi from downtown Los Angeles […]

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Yes, it’s time for Germany to spend on infrastructure and environment

  “Make investments possible!” By Hubertus Bardt and Michael Hüther, courtesy of IW Koeln   Germany faces enormous challenges in modernizing its capital stock. After neglecting public investment over the last two decades, it is now necessary to update the infrastructure and gradually reduce the investment backlog.   Managing demographic aging and decarbonising the economy […]

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The digital revolution is losing steam

    “Dissecting the global growth and productivity slowdown” By Robert Stehrer, courtesy of WIIW   Growth rates in the global economy since the financial crisis have been subdued compared to the boom phase at the beginning of this century (see Figure 1). Compared to the period 2000-06 average real GDP growth slowed from more […]

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EU should copy Belt and Road in Africa

                            Hopefully the name will make more sense. China’s much-discussed Belt and Road Initiative, seeking to create and strengthen land and maritime infrastructure across Eurasia, has attracted a lot of criticism for saddling low-income countries in its path with lots of debt […]

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Germany must finally spend more, very carefully and precisely

                  “Notorious” and “prudent” are not words often found together, but it is fair to say that Germany is notoriously prudent with its national finances, thanks to a longstanding rule requiring politicians to balance the federal budget — an unimaginable scenario in virtually any other country. The […]

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Resource Wars: Can the U.S. Lose a War it Hasn’t Fought?

  By Daniel McGroarty TES GeoPolicy Editor   “A fight between the United States and China is brewing over 5G and the question of who can be trusted to control the world’s wireless infrastructure.  But scant attention is being paid to an issue of arguably greater importance to the future of the world’s economy and […]